Deflated Numbers

the PPI comes in cold

Every month, the inflation numbers (PPI on one day, and CPI on the other day) come out. I'm not sure why they flip positions, since sometimes it is PPI/CPI then others CPI/PPI, but this week it was the former. We just got the PPI numbers, and they are both ice-cold versus expectations.

I was quite interested in what would happen vis a vis the H&S top I'v…